10 gulden 1944
“18.02.44”
Market Prices
74 salesAbout This Note
This Netherlands 10 Gulden banknote from 1944 (Pick P-59) presents in exceptional Extremely Fine condition, as evidenced by sharp, crisp printing throughout with no visible wear, creasing, or damage. The note features an elegantly composed design with a portrait in period dress on the obverse and baroque-styled ornamental frames containing the denomination on both sides. The specific specimen is dated 18 February 1944, representing a mid-war issue from the Nederlandsche Bank during Nazi occupation.
Common. eBay market data shows consistent sales across a broad range of conditions (F to PMG 67) spanning over a decade, with EF-graded specimens regularly selling between $6.50 and $21.50 (with outliers reaching $26), indicating stable, modest collector demand typical of common circulation-era issues. The 1943–1944 issue had substantial print runs to support wartime and immediate post-war commerce, and surviving examples remain readily available to collectors.
Issued during World War II, this 10 Gulden note represents currency produced by the Nederlandsche Bank during the Nazi occupation of the Netherlands (1940–1945). The design elements—including the formal portrait and baroque decorative styling—reflect pre-war Dutch artistic traditions maintained under occupation. The February 1944 date situates this note in the final year of the war, a period when Dutch currency production continued despite the Netherlands' lack of sovereignty.
The obverse features a three-quarter portrait identified as Volckert Jansz, derived from Rembrandt's painting 'The Syndics of the Drapers' Guild,' depicted wearing a wide-brimmed hat and white collared period garment characteristic of 17th-century Dutch burghers. An ornate oval cartouche containing the numeral '10' dominates the left side. The reverse mirrors this ornamental aesthetic with an elaborate baroque-styled oval frame containing the denomination, surrounded by intricate guilloche patterns. The entire composition employs a carefully balanced color palette of blue-gray, green, red, white, and beige tones creating visual depth and security.
Front side: 'DE NEDERLANDSCHE BANK' (The Netherlands Bank), '10' (denomination numeral), 'TEN GULDEN' (Ten Guilders), 'DE PRESIDENT' (The President), 'SECRETARIS' (Secretary). Back side: 'AMSTERDAM' (place of issue), '18 FEBRUARI 1944' (18 February 1944, date of issue), '10' (denomination numeral), 'BY 090832' (series/serial number designation).
Intaglio printing (primarily engraved line-work and guilloche techniques), executed by Joh. Enschede, Netherlands' premier security printer. The complex fine-line geometric patterns, decorative cartouches, and intricate background guilloche work visible throughout both sides are characteristic of intaglio's capability to reproduce fine detail. These elaborate security features—the geometric patterns and scrollwork—served as anti-counterfeiting measures standard to Dutch banknote production of the era.
This specific specimen is identified by the back-side inscription '18 FEBRUARI 1944' and serial number prefix 'BY 090832', indicating it falls within the documented February 1944 printing. The catalog notes date of '18.02.44' aligns precisely with the inscribed date on the reverse, confirming authenticity and establishing this as a mid-series example from the final year of occupation-era currency production.
